TPLPLASTEHIndustrials

TPL Plastech Limited

Packaging · ISIN INE413G01022 · BSE 526582 · NSE EQ · FV ₹2
Last price
₹64
-0.22%today
What this company does

TPL Plastech Limited operates in Packaging, part of the Industrials sector. It booked ₹124 cr of revenue in its latest quarter (Q1 FY27) and kept 5.2% of sales as profit.

In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
25

At close. Not part of the score.

Profitability & returns66

How much profit it earns on the money it employs

Balance sheet71

How much it owes, and whether earnings cover the interest

Cash quality70

Whether reported profit actually arrives as cash

Growth & consistency93

Whether sales and profit have grown, and how steadily

Valuation12

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 38% vs last year
Profit up 19% vs last year
Promoters hold 75%
No promoter shares pledged
Strong 15% return on equity
Turns profit into real cash
Watch-outs
! Thin 5.2% net margin

What if I invest in TPLPLASTEH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 11% a year, it would become
₹21.24 lakh

The slider starts at 11%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹64 -0.22%
latest close · 2026-09-17
52-wk low ₹6342 sessions so far52-wk high ₹85
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio19.2Average
LowAverageHigh
P/B ratio2.98Moderate
Below bookModerateHigh
EV / EBITDA11.5Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity15.5%Strong
WeakFairStrong ▸15%
Return on capital21.6%Strong
WeakFairStrong
Net margin5.2%Decent
ThinDecentStrong
EBITDA margin9.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.10Comfortable
LowModerateHigh ▸1
Interest cover8.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.98Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹503 cr
Book value
₹22
EPS
₹0.84
latest quarter
Net debt
₹18 cr
owes more than its cash
Enterprise value
₹521 cr
EBITDA
₹45 cr
annualised
EBIT
₹39 cr
annualised
Operating margin
7.8%
Return on assets
10.2%
Earnings yield
5.21%
P/S
1.01
Sales / share
₹63.8
Tax rate
23.6%
Face value
₹2
Shares
7.8 cr
Working capital
₹74 cr
Current assets
₹150 cr
Current liabilities
₹75 cr
Delivery %
33.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedHigh confidence
Median of 3 models ₹28 vs market price ₹64 — price is 130% above it
Safety cushion-129.8%(target ≥ +20%)
Models span ₹26₹32, midpoint ₹28
Model ₹28
Price ₹64
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹124 cr
Other Income₹2 L
Total Income₹124 cr
Cost of Materials₹101 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹2 cr
Employee Benefit Expense₹3 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹2 cr
Other Expenses₹7 cr
Total Expenses₹116 cr
Profit before Tax₹9 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income5.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹103 cr83.2%
Employee benefit expense₹3 cr2.3%
Finance costs₹1 cr1.0%
Depreciation & amortisation₹2 cr1.3%
Other expenses₹7 cr5.4%
Tax expense₹2 cr1.6%
Profit for the period₹7 cr5.2%
Total income ₹124 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue111 cr114 cr124 cr
Total income111 cr114 cr124 cr
Expenses101 cr104 cr116 cr
Profit before tax11 cr10 cr9 cr
Tax2 cr2 cr2 cr
Net profit (owners' share)9 cr8 cr7 cr
Net margin (owners' share, on revenue)7.8%7.1%5.2%
EPS (₹)1.111.030.84
YoY (latest quarter): total income +37.6% · net profit +19.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹256 cr
Shareholder equity
₹169 cr
parent shareholders
Total debt
₹18 cr
Cash
₹11 L
Cash flow · H1 FY26
Operating
₹42 cr
Investing
₹-8 cr
Financing
₹-34 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limited₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.02%
trailing 12 months
Dividend / share (TTM)
₹1.3
Last dividend
₹1.3
ex 15 Sep 2026
ActionDetailEx-date
Dividend₹1.3 / share15 Sep 2026
Dividend₹1 / share2 Sep 2025
Dividend₹0.8 / share17 Sep 2024
Dividend₹0.6 / share14 Sep 2023
Stock splitStock Split From Rs.10/- to Rs.2/-19 Oct 2022
Dividend₹2 / share20 Sep 2022
Who owns it · 2026-06-30
No pledge
Promoter
74.9%
FII / Foreign
0.5%
DII / Domestic
0.0%
Retail / others
24.6%
Smart-money activity
Insider trades
SoldTIME TECHNOPLAST LIMITED · Promoters21,000 · ₹42.4 L17 Nov 21
Bulk / block deals
SoldCRONY VYAPAR PVT LTD · NSE8.60 L @ ₹56.146 Nov 23
BoughtCRONY VYAPAR PVT LTD · NSE7.90 L @ ₹56.56 Nov 23
BoughtCRONY VYAPAR PVT LTD · NSE5.89 L @ ₹55.043 Nov 23
Stake changes
SoldBridge India Fund→ 5.00% · 25,00012 Sep 18
BoughtBridge India Fund→ 5.77% · 4.50 L20 Dec 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 9 Sep 2025
See the official result
1
Adoption of the Audited (Standalone and Consolidated) Financial Statements of the Company for the financial year ended 31st March 2025, including the Audited Balance Sheet as at 31st March, 2025, the Statement of Profit & Loss and Cash Flow Statement for the year ended as on that date and the Report of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
15.06 L votes for, 190 against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend at the rate of Rs. 1/- per equity share (50%) on the face value of Rs. 2/- each for the financial year ended 31st March, 2025.
Backed by 100% of shareholders other than promotersneeded 50%
15.06 L votes for, 90 against · 0% of mutual funds and other big investors said no
3
To appoint Mrs. Monika Srivastava (DIN: 02055547), who retires by rotation and being eligible, offers herself for re-appointment as a Director.
Backed by 100% of shareholders other than promotersneeded 50%
15.06 L votes for, 190 against · 0% of mutual funds and other big investors said no
4
Appointment of M/s. Dash Dwivedi & Associates LLP as the Secretarial Auditor of the Company for a first term of 5 (five) years.
Backed by 100% of shareholders other than promotersneeded 50%
15.06 L votes for, 90 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 74.9% between them · as of 2026-06-30
Time Technoplast Limited74.86%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.